Showing 1 - 10 of 27,816
This paper examines the welfare implications of preferential trade agreements (PTAs) from the perspective of small … tariffs in these two cases considering three different equilibria: Free Trade (FT), Free Trade Area (FTA), and Customs Union …
Persistent link: https://www.econbiz.de/10009781527
This paper examines the welfare implications of preferential trade agreements (PTAs) from the perspective of small … tariffs in these two cases considering three different equilibria: Free Trade (FT), Free Trade Area (FTA), and Customs Union …
Persistent link: https://www.econbiz.de/10010315015
Regional trade agreements have proliferated in the past two decades while multilateral trade negotiations have stalled. Both these agreements are governed by the WTO and have to abide by the non-discriminatory (Most-Favored Nation, MFN) clause to varying degrees-regional agreements to a lesser...
Persistent link: https://www.econbiz.de/10014469832
Regional trade agreements have proliferated in the past two decades while multilateral trade negotiations have stalled. Both these agreements are governed by the WTO and have to abide by the non-discriminatory (Most-Favored Nation, MFN) clause to varying degrees-regional agreements to a lesser...
Persistent link: https://www.econbiz.de/10014430728
barriers to international trade. This paper develops a model in which trading blocs always charge optimal tariffs and make … formation of trading blocs may be harmful. We also compute the welfare effects of trade agreements to get some idea of how …
Persistent link: https://www.econbiz.de/10005209144
with free trade and a non-cooperative Nash equilibria. Utilizing aggregate and disaggregate welfare change measures, we … quantify the welfare effects of trade arrangements. In particular, we develop a numerical approximation procedure to decompose … the welfare changes into two components associated with the variations in terms of trade and volume of trade. The results …
Persistent link: https://www.econbiz.de/10005653287
Persistent link: https://www.econbiz.de/10012240222
Persistent link: https://www.econbiz.de/10012295930
Persistent link: https://www.econbiz.de/10013187338
Persistent link: https://www.econbiz.de/10011546638